PT Holcim to incorporate cement company
PT Holcim Indonesia will incorporate PT Semen Dwima Agung into the parent company. This move is aimed at curtailing production costs.
The company holds licenses for quarrying, production of cement and mine clay. Though the company is yet to undertake production activities, it owns production facilities in Tuban, East Java. Following its incorporation in the parent company, Semen Dwima Agung will comncentrate on land acquisition and exploration for future projects. Holcim Indonesia is set to build a factory on Semen Dwima Agung's land in Tuban.